Privately held RST Fiber's network runs from the coast to the mountains, spanning about 3,100 miles.

"The 5G network is here," said RST Fiber co-founder and CEO Dan Limerick. "This network will enable the Internet of Everything."

RST Fiber uses Cisco technology to operate its network, which is the creator of the term "Internet of Everything." It's defined as smart devices of all kinds (computers, phones, TVs, thermostats, etc.) having Internet connectivity and connecting people.

RST Fiber will first roll out to Raleigh, with south Charlotte following over the next month. Asheville will receive service about the same time as Raleigh, and some ares of the Triangle outside of Raleigh also will be linked to RST Fiber (although it's not yet clear where).

RST's internet service is expected to cost $99 a month, with TV and other services yet to be priced (RST is working with content providers at the moment).

Currently, Google Fiber has data transfer speeds of 1 gigabit per second. It went live in Kansas City in 2012, starting off with 700Mbps downloads and 600Mbps uploads.

In April of last year, it was reported that Google Fiber would expand to Utah and Texas. It plans to build its gigabit network in North Carolina in the future.